06
Apr
14:35
German stockholders’ sales dip in 2019
Sales by Germany’s steel stockholding distributors were -4.3% lower than the year before, totalling 10.7 million tonnes in 2019, according to their association, BDS.
The year had begun modestly, with sales of between 900,000-954,000t in each of the first five months, BDS notes. An unusually weak June (858,000t) was followed by a surprisingly strong July close to the 1 million mark with 999,000t.
As from August, inventories were gradually brought down until …
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Anonymous
Very good overview of the weekly steel market.
Anonymous